Scottsdale 5/9/2012 1:10:00 AM
News / Finance

Brownie’s Marine Group (BWMG) Accelerates Testing of Molecular Impact Energy Invention for Marine Industry

QualityStocks would like to highlight Brownie's Marine Group, Inc. (OTCBB: BWMG). The company designs, tests, manufactures and distributes recreational hookah diving, yacht based scuba air compressor and Nitrox Generation Systems, and scuba and water safety products. The company holds more than ten patents and enjoys a robust product development and intellectual property program that has yielded several proprietary products. The company has a wholly owned subsidiary, Trebor Industries, Inc., d/b/a Brownie's Third Lung.

In the company’s news yesterday,

Brownie’s Marine Group announced that it has sped-up the testing of an application of Molecular Impact Energy (MIE) for the marine industry, for which it has exclusive rights.

Brownie’s said it plans on seeking venture partners to pursue the potential commercialization of the MIE invention, which the company says has the potential to “significantly change the current limitations of steam engines and steam propulsion and usher in innovation incorporating new material technology and state-of-the-art computerized intelligent control systems that will leverage and amplify this technology.”

Robert Carmichael, Brownie’s CEO, said that while the testing is still in its beginning stages, the company believes the invention may be adaptable to steam-power several types of watercraft.

“We are excited about moving forward on this project and have designed, and are in the final phases of constructing a test platform incorporating a proven steam engine “block” that incorporates the MIE “boiler-free” steam generation system utilizing a computer controlled MIE injector and chamber,” Carmichael stated in the press release. “Although testing is in its initial phases, we believe the MIE process has the potential to be more energy efficient for converting water into steam than a conventional boiler system. The preliminary MIE design, if successful, suggests that the system might be readily adaptable to small through large size yachts, commercial vessels, and island communities for direct or steam-electric drive systems and electric power production.”

If successful, Brownie says the MIE will eliminate the need for a conventional boiler, thereby creating a more competitive steam alternative to the current diesel-based systems.

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